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The Vanguard Group Discloses Position in Dowlais Group plc

On July 4, 2025, The Vanguard Group, Inc. filed a Form 8.3 disclosing its interest in Dowlais Group plc. The form is part of the public opening position or dealing disclosure required under Rule 8.3 of the Takeover Code. This follows The Vanguard Group's holding of 72,489,913 ordinary shares, representing 5.51% ownership in Dowlais Group.

The disclosure relates to The Vanguard Group's dealings on July 3, 2025. The transactions include the purchase of 4,335 ordinary shares at a price of 0.69 GBP per unit. No derivative transactions or agreements relating to options or voting rights were reported.

Additionally, there are no other inducements, agreements, or understandings concerning relevant securities, according to the form. No Supplemental Form 8 for open positions was attached to this disclosure.

R. E.

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